SOTA medical submitted the prospectus, and Chinese enterprises actively laid out the track of RF medical and American equipment
This week (February 8), Solta Medical Corporation, a world-renowned manufacturer of medical and beauty equipment, submitted a prospectus to the U.S. Securities and Exchange Commission for listing on NASDAQ. The company has four major medical and beauty equipment brands, including the non-invasive wrinkle removal and firming shaping product “hot Maggie” which is widely popular in the global market. Remaji belongs to radio-frequency medical and aesthetic equipment. Its principle is to use high-frequency radio waves to heat the skin dermis and fascia layer, and induce the body’s wound healing response through heat aggregation, which can achieve the lifting and wrinkle removal effect without surgery. In order to ensure the safety of treatment, the special probe of thermomaggie is designed as disposable consumables. Therefore, “equipment + consumables” has also formed thermomaggie’s excellent profit model of “knife rest + blade”. In the first three quarters of 2021, the probe and other consumables contributed more than 70% of the company’s revenue. In China’s medical and American consumer market, due to the advantages of non-invasive RF equipment and long effect duration, various RF equipment, including remaji, are deeply loved by consumers. In recent years, Chinese enterprises have also entered the RF medical and American equipment track through agency and acquisition: in September 2021, Aoyuan Beauty Valley Technology Co.Ltd(000615) signed an exclusive agency agreement with Lumenis, Acting as “divinepro special protein machine” and “legendpro legendary muscle beauty” two RF medical beauty equipment; In February 2022, Huadong Medicine Co.Ltd(000963) acquired viora, a wholly-owned subsidiary of Sinclair, and improved its layout of energy source medical devices through the reaction of its RF medical device pipeline.
Industry key words: Bawei Co., Ltd., treasure box, fertility policy, gold consumption, Kuxue glacialspa, etc
[Bawei Co., Ltd.] Bawei Co., Ltd., a beauty and skin care OEM, won a round B financing of 100 million yuan.
[treasure box] meituan launched the grass planting function “treasure box” on the home page of e-commerce.
[fertility policy] Beijing printed and distributed the implementation plan on optimizing fertility policy and promoting long-term balanced population development.
[gold consumption] during the Spring Festival holiday, China’s gold consumption increased by 13% year-on-year.
[Kuxue glacialspa] Huadong Medicine Co.Ltd(000963) introduced a cold touch beauty instrument. Kuxue glacialspa was certified by the food and drug administration.
Plate Market Review
This week (February 7-february 11), the retail trade index closed at 3035.42 points, up 5.23%, outperforming the Shanghai Composite Index (up 3.02% this week) by 2.21 percentage points, ranking 13th among the 31 primary industries. Among the retail segments, the professional chain segment performed better this week, and the department store segment has led the increase since the beginning of 2022. In terms of individual stocks, Beijing Cuiwei Tower Co.Ltd(603123) (+ 39.1%), Jiangsu Hongtu High Technology Co.Ltd(600122) (+ 19.0%) and Renrenle Commercial Group Co.Ltd(002336) (+ 18.1%) rose higher this week.
Investment suggestion: pay attention to the leading brands of cosmetics, medical beauty and gold jewelry
Investment main line 1 (cosmetics): continuous verification of large single product + multi-channel logic, focusing on recommending domestic beauty leaders Yunnan Botanee Bio-Technology Group Co.Ltd(300957) , Proya Cosmetics Co.Ltd(603605) , Lushang Health Industry Development Co.Ltd(600223) , and cosmetics raw material leaders Nanjing Cosmos Chemical Co.Ltd(300856) that benefit the target;
Investment main line 2 (medical beauty): focus on recommending the leading Imeik Technology Development Co.Ltd(300896) of medical beauty products and Bloomage Biotechnology Corporation Limited(688363) of the whole industrial chain layout;
Investment main line 3 (gold jewelry): pay attention to the high consumption boom of gold jewelry in the Spring Festival and the increase in the market share of head brands,
Focus on Chow Tai Seng Jewellery Company Limited(002867) (the provincial representative model is empowered in many aspects), and benefit from the targets of Chow Tai Fook, Guangdong Chj Industry Co.Ltd(002345) .
Risk tips: macroeconomic risks, repeated epidemics, intensified industry competition, etc.
